5 Stocks To Watch For May 6, 2021

Some of the stocks that may grab investor focus today are:

• Moderna Inc MRNA reported the effectiveness of its COVID-19 vaccine against variants in an internal study. The company is also expected to report quarterly earnings at $2.39 per share on revenue of $2.04 billion before the opening bell. Moderna shares rose 1.1% to $164.60 in after-hours trading.
• Paypal Holdings Inc PYPL reported stronger-than-expected earnings for its first quarter and raised its FY21 guidance. Paypal shares gained 4.7% to $258.90 in the after-hours trading session.
• Analysts are expecting McKesson Corporation MCK to have earned $5.04 per share on revenue of $61.09 billion for the latest quarter. The company will release earnings after the markets close. McKesson shares fell 2.4% to close at $189.08 on Wednesday.

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• Zynga Inc ZNGA boosted its bookings forecast for the full year and announced plans to buy mobile game ad network Chartboost for roughly $250 million. Zynga shares climbed 5.5% to $10.70 in the after-hours trading session.
• Analysts expect Kellogg Company K to report quarterly earnings at $0.96 per share on revenue of $3.38 billion before the opening bell. Kellogg shares rose 0.2% to $63.20 in after-hours trading.